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Tuesday November 06, 2012

HuffPo Article Reaffirms Importance of National Policy to Midlife, Older Women

As predicted, women played a key role in the president’s victory over Mitt Romney, choosing Obama by 12 percent—55 percent to 43 percent. And while Romney did better with men than John McCain in 2008, the gender gap in 2008 was almost identical at 13 points.

Writing the day before the vote, Barbara Grufferman cited OWL in a post explaining why women had so much at stake in the election:

The Huff/Post50 ‘Yay! of the Day’: I Have a Vote and I’m Not Afraid to Use It

We are part of the largest demographic in the history of the world. We are a political powerhouse and an economic force. We’re also as worried about the economy, jobs and the state of the world as everyone else. A recent report from AARP states:

The unemployment rate among people 55 and older fell one-tenth of a percent to 5.8 percent in October, according to an AARP Policy Institute analysis of the Labor Department employment figures released today. The average length of unemployment rose by two weeks, to 57.7 weeks. But the number of older long-term unemployed—those out of work for more than six months—inched down to 53.1 percent in October from 54 percent the previous month.

One could put a positive spin on these findings and say we’re faring better than other age groups, but “flat” is not exactly encouraging news. No matter who is elected to lead our country this week, one thing is certain: The #1 priority must be the economy and ‘growth’—not keeping things ‘flat.’

The situation is even more serious for older women than it is for men. According to a study published this year by OWL (Older Women’s League National Board), women over 50 are in dire straits.

In the report, OWL, an advocacy group, begins its executive summary with some positive news by stating:
Midlife and older women are the fastest-growing sector of the U.S. workforce, and their participation in the nation’s productivity is at an all-time high. As greater numbers of older women delay retirement, their presence in the workplace will continue to increase.

Read the full article.

Posted by Mark at 03:30 PM